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Dramatic illustration of panicked traders watching Bitcoin crash below $88,000 amid crypto market turmoil on trading screens.
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Bitcoin plunges below $88,000 amid crypto market crash

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On January 25, 2026, Bitcoin dropped below $88,000, triggering $135 million in long liquidations and contributing to a broader crypto market decline. The total market capitalization fell below $3 trillion after shedding $220 billion over the past week. Ethereum also tumbled to $2,800 as bearish patterns and macroeconomic risks weighed on investor sentiment.

Bitcoin and Ethereum recorded their first significant weekly declines of the year, with drops of 6% and 10% respectively, prompting capital shifts across altcoins. While some tokens like Kaia and Canton Network surged, others including Ethena and Arbitrum faced sharp falls. This rotation highlights selective confidence in the market despite broader corrections.

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Crypto analyst Benjamin Cowen has cautioned traders against trying to manufacture a bull market, pointing to declining market breadth indicators. Bitcoin reached highs above $126,000 in 2025 before pulling back to the $90,000 range amid macroeconomic uncertainty. A recent report highlights reduced activity in options markets for Bitcoin and Ethereum.

Pasar cryptocurrency mengalami pemulihan moderat minggu ini, dengan Bitcoin merebut kembali $111,000 setelah data inflasi AS lebih lembut dari perkiraan. Ripple memimpin keuntungan top-cap dengan rally lebih dari 10%, sementara modal berputar di antara aset utilitas. Humanity Protocol, Virtuals Protocol, dan Zcash menduduki peringkat teratas peningkatan, sementara PancakeSwap, Story, dan Mantle mencatat kerugian.

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Pasar kripto mengalami volatilitas minggu ini, dengan Bitcoin turun di bawah $110.000 dan altcoin menguji level support. Token seperti Bittensor dan Ethena memimpin keuntungan, sementara Artificial Superintelligence Alliance dan Zcash mengalami penurunan signifikan. Modal berpindah ke aset utilitas tinggi di tengah tekanan pasar yang lebih luas.

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